Annual Compliance for Private Limited Companies comes up with a lot of questions, especially for every registered private limited company, active or dormant dealing with it for the first time. Here are clear answers to what we're asked most often.
Does a company with no activity still need to file?
Yes, annual compliance applies regardless of business activity.
What happens if annual filings are missed?
Late filing fees apply, and prolonged non-compliance can lead to more serious consequences, including striking off.
Is a company secretary required for annual compliance?
Requirements depend on company size, but many companies engage a company secretary or compliance professional for this.
How often does a company need statutory audit?
Annually, as part of the standard compliance cycle.
Still Have Questions?
Every business situation is a little different, and Annual Compliance for Private Limited Companies is no exception. If your case doesn't fit neatly into the questions above, it's worth getting a second opinion before proceeding.
What You'll Typically Need
- Board meeting minutes through the year
- Audited financial statements
- Annual return (MGT-7) details
- Financial statement filing (AOC-4)
Need Help With This?
Leegal's team handles registration, compliance, and advisory work like this end-to-end, with transparent pricing and a dedicated point of contact throughout.
Call: +91 95721 91163 | Email: mail@leegal.in